— The present paper introduces a replication method that is meant to balance the storage load of peers in unstructured peer-to-peer (P2P) networks for file sharing and to provide good search performance. According to the random walk theory on an arbitrary network, the frequency of arrival of a random walker to a peer is proportional to the degree of the peers. Therefore, to limit the increase in the number of hops required to find a requested file, it is better to make as many files as possible in peers of high degree when using random-walk-based query forwarding methods. However, this causes a load bias to peers of high degree. That is, there is a trade-off between storage load balancing and search performance. The replication method presented herein replicates a requested file in a peer of low load adjacent to a peer of interest on the present search path by using dynamically varying values that represent the state of the load of peers. Therefore, it is expected that local sto...